Items tagged with taxation and US drug policy

Item title Description
A tale of two cannabis legalization experiments [17.10.2023] It’s been five years since the Canadian government legalized and regulated non-medical cannabis cultivation, commerce, and consumption. California is ...
Major alcohol industry association calls for federal marijuana legalization, recommending regulatory framework [22.03.2023] A major alcohol industry association is officially backing federal marijuana legalization, sending a letter to congressional leadership that implores ...
Marijuana law reached peak absurdity in 2022 [24.12.2022] Banning a plant with hundreds of industrial and medical uses was never going to work out well, but 2022 saw marijuana prohibition reach peak absurdit ...
Inside California's cannabis crisis [21.02.2022] California’s marijuana market, which reached an estimated $4.4 billion in sales in 2020, has seemingly reached peak cannabis capitalism. But the over ...
Up in Smoke: Is the legal-cannabis industry on the verge of collapsing? [15.12.2021] When legalization proponents sold voters on Prop. 64 in 2016, one of their chief arguments in favor of the measure was that legal weed would yield a ...
New York is latest state to legalize recreational marijuana [31.03.2021] New Yorkers over the age of 21 can now possess and use up to 3 ounces of cannabis in public under a legalization bill signed by Gov. Andrew Cuomo, wh ...
New York reaches a deal to legalize recreational marijuana [25.03.2021] State lawmakers finalized a deal to legalize recreational marijuana in New York, paving the way for a potential $4.2 billion industry that could crea ...
Cuomo vows New York 'will legalize adult-use recreational cannabis' [11.01.2021] New York Gov. Andrew Cuomo (D) vowed that his state will legalize recreational cannabis as he begins ramping up efforts in the new year to green-ligh ...
Sky high: Mass. marijuana is among the most expensive in the nation [16.09.2020] Massachusetts marijuana products consistently fetch around double the price of equivalents in the most mature recreational markets, according to a re ...
Biden-Sanders task force does not recommend legalizing marijuana [10.07.2020] A task force formed between Joe Biden and Bernie Sanders, which had prior heated discussions on cannabis, agreed on multiple criminal justice priorit ...
The Great Cannabis Crash of 2019 [14.01.2020] Bad news about the so-called "Green Rush" rolled in slowly at first, picking up steam around the end of last summer. Stocks started to dive. Layoffs ...
House Judiciary Committee approves landmark marijuana legalization bill [20.11.2019] The House Judiciary Committee passed a bill that would effectively make marijuana legal. The Marijuana Opportunity Reinvestment and Expungement (MORE ...
Reasons marijuana legalization seems to be failing [05.11.2019] When it was first proposed, the concept of marijuana legalization seemed solid enough. Take the world’s most popular illicit substance, establish a t ...
The cannabis ‘gold rush’ is underway and shows no sign of stopping, says pot CEO [18.04.2019] With 33 states now offering some form of legal medical or recreational marijuana, and pot companies expanding their footprints across the country, th ...
Cuomo to push legalizing recreational marijuana in New York by early 2019 [17.12.2018] Gov. Andrew M. Cuomo announced that he would push to legalize recreational marijuana next year, a move that could bring in more than $1.3 billion in ...
Navigating cannabis legalization 2.0 [04.12.2018] Legalization is not a simple yes-or-no decision, and its consequences for health, public safety, and social equity will be shaped by choices about pr ...
Marijuana is getting cheaper. For Colorado and some states, that’s a problem [21.11.2018] Wholesale marijuana prices in Colorado have fallen by a third in just the past 12 months, continuing a price crash that began soon after the drug was ...
Cuomo administration report backs marijuana legalization in New York [13.07.2018] The administration of New York Gov. Andrew Cuomo (D) released a state Health Department report that says the "positive effects" of legalization "outw ...
How the U.S. Government is profiting from keeping pot illegal [01.02.2018] Because of the discrepancy between state and federal law, legal marijuana businesses are stuck paying twice as much as normal businesses – effective ...
California proposes armored cars to transport pot tax money [07.11.2017] California should use armored cars to transport hundreds of millions of dollars in cash tax payments expected next year with the state's legal mariju ...
Cannabis cash conundrum: Some businesses bury money, others truck it to a federal vault [12.07.2017] With recreational use set to become legal next year under Proposition 64, cannabis sales in the state are expected to top $7.5 billion in 2020, up fr ...

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